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Tower Financial Corporation
116 E BERRY ST
Phone: (260) 427-7000p:260 427-7000 FORT WAYNE, IN  46802  United States
This company was Merged or Acquired on 4/25/2014.
This company ceased filing statements with the SEC on 5/5/2014.
This company is no longer actively traded on any major stock exchange.
This is a Subsidiary, click here for the Parent Company
Business Summary
Tower Financial Corporation is a bank holding company with one bank subsidiary, Tower Bank & Trust (the Bank or Tower Bank) and two unconsolidated subsidiary guarantor trusts, Tower Capital Trust 2, and Tower Capital Trust 3. The Bank has a direct wholly owned trust company subsidiary, Tower Trust Company (the Trust Company). Through September 30, 2011, the Bank also had a direct wholly owned Nevada investment subsidiary, Tower Capital Investments, Inc. that was formed for the purpose of holding long term investments and an indirect wholly owned subsidiary, Tower Funding Corporation. The Bank provides a range of commercial and consumer banking services from six locations in the metropolitan area of Fort Wayne, Allen County, Indiana, and one location in Warsaw, Indiana. The Bank offers a range of deposit products, including checking, savings, and money market accounts, certificates of deposit and direct deposit services.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/201312/31/2012YesYes---

Industries
SIC Code Description
6022 State commercial banks
6029 Commercial banks, not elsewhere classified
6712 Offices of bank holding companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Keith E.Busse 70 1/1/2010 1/1/1998
President, Chief Executive Officer, Non - Independent Director Michael D.Cahill 52 7/1/2008 6/1/2004
Chief Financial Officer Richard R.Sawyer 48 3/31/2013 4/19/2007
9 additional Officers and Directors records available in full report.

Business Names
Business Name
Tower Bank & Trust Company
Tower Capital Trust 2
Tower Capital Trust 3
Tower Trust Company

General Information
Number of Employees: 165 (As of 9/30/2013)
Outstanding Shares: 4,686,051 (As of 3/14/2014)
Shareholders: 489
Stock Exchange: NASD
Federal Tax Id: 352051170


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Friday, July 21, 2023